Housing costs in Spring Valley?
A typical home costs
$248,200, which is 26.6% less expensive than the national average of
$338,100 and 40.5% less expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Spring Valley costs
$1,460 per month, which is 0.7% more than the national average of
$1,450 and close to the state average of
$1,460.
Can I afford Spring Valley?
To live comfortably in Spring Valley (zip 89103), Nevada, a minimum annual income of
$47,520 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about Spring Valley?
The cost of living in 89103 Spring Valley, NV is surprisingly low compared to other nearby cities. The median home value in the area is $177,400, and the median rent price is just $1061 per month. Utility costs are also very reasonable, with an average utility bill coming in at around $154 per month. This affordability makes it a great place for those looking for a budget-friendly option near Las Vegas. Grocery items and other everyday necessities are also relatively inexpensive compared to nearby cities. All of these factors make Spring Valley an ideal choice for anyone looking for an affordable place to call home near Las Vegas.